Page 9 - Sebi

Moneyview, Chandan Steel get Sebi's approval to raise funds through IPOs

Fintech unicorn Moneyview and Chandan Steel have secured Sebi's approval to raise funds through initial public offerings (IPOs), an update with the regulator showed on Friday. Moneyview filed preliminary IPO papers with Sebi in March, while Torrent Gas confidentially submitted draft documents with the regulator in April. The confidential filing route allows companies to submit draft offer documents to Sebi for review without immediately making commercially sensitive information public. After reviewing the draft papers submitted by the two firms, the regulator gave its 'observations' between June 29 and July 2,which, in Sebi's parlance, is equivalent to a go-ahead to float the public issue. Meanwhile,oilfield services provider Shivganga Drillers withdrew its draft papers on June 30, the update showed. The company filed preliminary papers with Sebi in December 2025 to mobilise Rs 400 crore through its IPO. The proposed maiden public offering was a completely fresh issue of shares wi

Sebi sees encouraging response to SIFs; asset base grows to ₹13,500 crore

The newly introduced Specialised Investment Funds (SIFs) have witnessed rapid adoption, with the category crossing Rs 13,814 crore in assets under management (AUM) since the regulatory framework was introduced in February, a top Sebi official said on Friday. Sebi introduced SIFs tobridge the gap between regular mutual funds and high-ticket Portfolio Management Services (PMS). SIFs target sophisticated investors through flexible hedging, derivatives, and long-short strategy. Speaking at Assocham's 17th Mutual Fund Summit, SebiWhole-Time Member Amarjeet Singh said, "The regulatory framework for Specialised Investment Fund (SIF) was introduced last year. The early response has been encouraging." Giving details, he said, "As on May 31 2026, SIFs have already garnered net assets under management of over Rs 13,500 crore, spread across more than 56,000 investor folios". SIFs requires a minimum investment of Rs 10 lakh and allow fund managers to use advanced strategies such as derivatives

How flight tickets, food orders helped Sebi crack a ₹144 crore stock scam

Sebi's 394-page order exposes a 226-entity pump-and-dump network across five stocks, busted not just by bank records but also by airline bookings, hotel stays, WhatsApp chats,

Sebi bars 222 individuals, entities for'manipulation' in five companies

The regulator imposed penalties of Rs 47.7 crore and ordered disgorgement of illegal gains after finding large-scale price and volume manipulation, with promoters allegedly involved in some cases

Oyo parent PRISM files updated IPO papers, aims to raise ₹6,650 crore

Hospitality-tech firm plans a ₹6,650 crore fresh issue with no offer for sale, while most of the proceeds will be used to repay borrowings and strengthen its balance sheet

Sebi sets up expert panel to review debenture trustee regulatory framework

The panel, chaired by former Sebi whole-time member Ananta Barua, will review the regulatory framework, net-worth requirements and measures to strengthen debenture trustees' role

Sebi bars Darjeeling Industries' MD, 9 others for alleged manipulation

Regulator says action important to prevent alleged manipulators from selling shares after lock-in ends

Sebi proposes AIF consent rule changes, aligns 'related party' definition

Sebi has proposed stricter AIF rules, including 75% investor approval for related-party transactions and a shift from 'associate' to 'related party' norms

Fibe files IPO papers; plans ₹750 crore fresh issue, 40 million-share OFS

Digital lender's proposed public issue comprises a Rs 750 crore fresh issue and an offer-for-sale of more than 40 million shares by existing investors

When regulators write criminal laws: The Securities Markets Code dilemma

Market abuse under the Code constitutes a scheduled offence under the Prevention of Money-Laundering Act, 2002

Zerodha plans foray into investment banking, seeks Sebi registration

Zerodha has applied for a Category 1 merchant banking licence from Sebi, marking its entry into IPOs and corporate finance as it diversifies beyond broking

Sebi invites candidates with 20 yrs' experience for executive director post

Markets regulator Sebi has begun the process of recruiting an executive director and has invited applications to fill the vacancy. Applications are invited for the post until July 25. The appointment of the executive director will be on a deputation or contractual basis for a period of three years, the Securities and Exchange Board of India (Sebi) said in a notice. As per the notice, candidates applying through the contract route are required to have qualifications, such as an MBA, CA, CS, LLB, or a postgraduate degree in economics, finance or another discipline Sebi considers relevant. The candidate applying for the position must have at least 20 years of experience dealing with securities market issues or special knowledge or experience in law, investigation, finance, economics and accountancy, among others. Eligible candidates from government organisations, public sector banks, and financial institutions may apply on deputation by routing their applications through their ...

Sebi rejects Anil Ambani's settlement request over Reliance Infrastructure

Ambani, the younger brother of billionaire Mukesh Ambani, has faced growing scrutiny from regulators and enforcement agencies over the past 18 months

AIF commitments near ₹17 trn, fund raises top ₹7 trn for the first time

AIF commitments rose to a record ₹16.94 trillion in FY26, while fund raises crossed ₹7 trillion for the first time despite recent geopolitical uncertainty

Consumer durables retailer Sathya Agencies gets Sebi nod for ₹600-cr IPO

The South India-based consumer durables retailer plans to raise ₹600 crore through a fresh issue and an offer for sale to fund an acquisition, repay debt and meet corporate needs

Rajesh Exports failed to produce foreign transaction records: ED

The Enforcement Directorate on Wednesday alleged that gold refining and jewellery manufacturing company Rajesh Exports' key business indicators showed "significant" departures from normal commercial practices, in addition to the non-availability of records related to foreign transactions. The federal agency issued a statement after conducting searches against the Bengaluru-based company and persons linked to it on June 23 for suspected contravention of the Foreign Exchange Management Act (FEMA). The ED identified at least five issues against Rajesh Exports Ltd (REL) and recovered various "incriminating" documents and digital devices during the searches. The company has not yet responded to a PTI query regarding the ED action. The stock exchanges have also sought clarification from the company. Founder and Chairman of the company, Rajesh Mehta, denied any fund diversion or wrongdoing during a recent interview with PTI. He had said that the company will fully cooperate with the fresh

Sebi eases certification needs for non-core staff of investment advisors

Sebi eases certification norms for non-advisory investment staff, while NSE clarifies brokers' investments won't be treated as business income in most cases

What Sebi's new framework for securities transfer means for heirs

Succession-related issues can add to the difficulty. Legal heirs often need multiple documents. Coordinating several heirs can be difficult

Sebi introduces lighter certification framework for non-core staff

Markets regulator Sebi on Wednesday introduced a lighter certification framework for sales and non-core staff in investment advisory roles to ensure ease of doing business. The initiative streamlines requirements for employees managing client relations, thereby reducing the compliance burden on firms. "Based on the feedback from market participants and as a step towards ease of doing business, it has been decided to specify a lighter NISM certification module for PAIA, such as sales staff, relationship managers and other staff, who only perform sales and other non-core services," Sebi said in its circular. These staff have contacts with the client but are not directly associated or involved in investment advice-related aspects, it added. The regulator said, "PAIA who perform only sales and other non-core services, shall obtain certification from NISM by passing the 'NISM SeriesXXV-B'." PAIA, other than those who perform sales and other non-core services, will continue to obtain ..

Sebi weighs allowing celebrity endorsements for regulated entities

Regulator proposes a Common Advertisement Code across intermediaries and may permit celebrity endorsements at the entity level with prior approval